WHAT YOU SHOULD KNOW
Frequency of trades can affect returns.
Commissions may come in several forms, most commonly as fees incurred as a result of trades placed to buy and sell the underlying investments in your portfolio. Over time, these fees can add up to a substantial amount, particularly if you place trades frequently yourself or through your investment professional.
What is the general range for these fees?
Commissions can range from less than $10 to more than $100 per trade, depending on the firm. The amount you pay can be even higher if a firm charges commission based on a percentage of the trade.1
1. Source: Broker Monitor Commission Review ©Corporate Insight, Inc., 2012.